Washington: The United States has signaled its readiness to provide extensive support to Argentina’s struggling economy as Argentine President Javier Milei prepares to meet with U.S. President Donald Trump on Tuesday. U.S. Treasury Secretary Scott Bessent emphasized that Washington is exploring multiple avenues to stabilize Argentina’s financial system, highlighting the importance of strong bilateral cooperation amid economic uncertainty.
In a statement on X (formerly Twitter), Secretary Bessent noted that “all options for stabilization are on the table.” Analysts suggest that such measures could include swap lines, direct purchases of foreign currency, or acquisition of U.S. dollar-denominated Argentine government debt via the Treasury’s Exchange Stabilization Fund. These steps aim to provide immediate liquidity and confidence in Argentina’s economy, which has faced mounting challenges following the ruling party’s setback in Buenos Aires provincial legislative elections.
Ahead of the high-level talks in Washington, President Milei will meet with International Monetary Fund Managing Director Kristalina Georgieva on Monday. Accompanied by Economy Minister Luis Caputo and Foreign Minister Gerardo Werthein, the discussions are expected to focus on reinforcing Argentina’s commitments under the IMF agreement and identifying strategies for sustained economic growth. These consultations underscore Argentina’s determination to maintain credibility with international financial institutions while securing additional support for its reform agenda.
The Tuesday meeting between Presidents Milei and Trump is anticipated to cover a broad spectrum of economic and trade issues. Both sides are expected to explore avenues for increased investment, trade expansion, and cooperation on regional economic stability. U.S. officials have emphasized that supporting Argentina’s reforms not only strengthens the bilateral relationship but also promotes financial stability in the broader Latin American region.
As Argentina navigates its economic challenges, the combined support of the United States and the IMF could prove pivotal in restoring market confidence and ensuring fiscal resilience. Analysts suggest that Washington’s proactive stance signals a deepening of U.S.-Argentina ties, with potential long-term benefits for trade, investment, and regional cooperation.